03-12-1991
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CITY OF EDGEWATER
FIREMEN'S PENSION BOARD
REGULAR MEETING
MARCH 12, 1991
ADMINISTRATION OFFICE OF THE
EDGEWATER DEPARTMENT OF FIRE AND RESCUE SERVICES
104 RHODE ISLAND AVENUE
6:30 P.M.
CALL TO ORDER~
Chairman, Ben Wagner called to order a meeting
Edgewater Fi,-E'iTlen'", Pension Boar-Li at 6:~33 p.m.,
12, 1991.
of the City of
TuesejdY, Mar.ch
B-Qh,=-t;BLL :.
Member-s
Finche,
pr-esent
prE"sent vJel-e Lt. Larry Car-son, Firefigl-,ter. ["Jilliam
Robert Morin, Al Gilbert and Chairman, Ben Wagner. Also
was Sandra Meager-Pengov, Secretary.
APPROVAL OF MINUTES:
Lt. Carson made a motion to
1991, seconded by Mr. Morin.
approve the minutes of February 26,
Motion CARRIED 4-0.
UNFINISHED BUSINESS:
Introduction of new board
member.
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An int,-oduction
explanation of
the Cha iI-man.
Of the new board
his apoointment by
member. Al Gilbert and brief
the City Council was made by
Chairman ItJagnel- rE?viewed a letter SPilt to ActIng City Manager-,
Fredinand Munoz from Officer of the Treasure, Department of
Insurance. One of the requests in the letter we:-e the ndmes dlld
addresses of the Cha i rman and SeCi-E.,tary of the BOdl-d. Cha irman
W d. 9 n e 1- sa i d t his ," 0 u I d bed {] n e up {] n t !l e d p poi n t f1' e n t of A I G jIb e,- t
by the Council.
i:'jlso discussed, was the possibility of someone f,.om the Boar-d
attending a conference for Police Officers/Firefighters Trustees'
School Progr-am scheduled Mard1 26th and 27th. C~hairman ItJagnE',.
stated transcripts of the conference are available upon request.
F i na nc i a l_S t a t~Jnent
A financial statement provided to the Board was reviewed.
NEW BUSINESS:
lntroduc t ion of ne.~_.g9al._~.!!1_bel-
Thl? introduction of Al Gi Ibert ."03'0; done under aIel business.
PI SCU_SS I ON-1TE;.MS ;.
Chairman Wagner discussed WIth the Board that Jack Ascherl of
Principal Mutual would like to introduce his pension plan to the
Board. Chairman l^.Iagnf'!l- said he i'\lill invite Mr. Ascher-l to attend
a meeting at the Boards convenIence.
Lt. Carson made a motion to invite Mr.
meeting and make a presentation to the Board.
Morin. Motion CARRIED 4-0.
(ischer 1 to a t tend a
Seconded bv Robert
Lt. Carson also suggested the Board should meet with a couple of
the banks, such as Southeast Bank, Barrnett Ban~ and Sun Bank to
see what type of investments they may have.
'W'
Firemen's Pension Board
Regular MeetIng !'1aT-ch 12,1991
Page -2-
The r1e:<t
ItJ I th some
meeting date IS planned
bank representatives.
!::,"pJQJJRNMENT:
There being
motIon was
p.m.
no additional business to
approved to adjourn. The
Minutes respectfully submitted by:
Sandra Meager-Pengov, SeCj-etai-Y
Firemen's Pension Board
/smp
....,
for
April
8,
1991, hopefully
come before the Board a
meeting adjourned at 6:55